Topic: Bitcoin has defeated gold - page 35. (Read 28617 times)
Yes Bitcoin has defeated Gold. I believe that near future Bitcoin will become the best among any other form.
I not fond of evaluating the price of gold in opposition to bitcoin. Of course they have the very same similarities like store of price, but I do not think that price is a single of the very best device to evaluate them the two. Gold has been with us for 1000's of many years and been employed as hedge by a lot of nations all through centuries. There are no wars that isn't going to involved gold as hedge or payments for other countries in trade of components utilized in war or even meals. While bitcoin is nonetheless youthful and its a digital forex, and not even acknowledged by a whole lot of nations yet. So we will not know how it could be helpful in the course of economic collapse or war which gold experienced already established through time. It really is great to see the price tag of bitcoin is above gold now, but we never require to evaluate them. IMHO.
Also we should note, that everyone always goes back to gold because that was the only choice they had every time when fiat failed. Now humans have 2 choices, when fiat collapses and it's headed that way, they will run to metals(gold and silver) and crypto currencies(bitcoin leading) . So of course people are always going to run back to gold. Now with the internet, the younger generation are a lot more skilled with computers and it will be way easier to purchase bitcoins than gold, the most important, it's way easier to spend bitcoins then spend gold. I looked into gold a couple years ago, but gold was too complicated. Gold is great if i want to change my fiat into gold, but the big problem comes when i want to spend it. Good luck trying to purchase a steam game using gold. Not only that, i can't tell if it is real or not. Gold has too many problems, i understand why gold has never actually been used as money as we got more globalized. It's too heavy, not easy divisible, and hard for average people to know if it is counterfeit. We've hit a jackpot wit Bitcoin, whoever created has brought one of the greatest invention since the internet.
bitcoin has defeated gold but the price of bitcoin and the price of gold is unstable so we dont know what we dont know but we know what we know and that is why we need to believe in bitcoin and the rise of it.
You can’t compare the number of people investing in Bitcoin with that of those Investing in Gold. There are lots of people Investing in Gold from around the world. Yes, you can say that bitcoin is best, because you’re investing in it. Who would say their choice isn’t the best? LolBitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Maybe sooner,bitcoin will defeated gold value,this is my opinion.the only things bitcoin is greater than gold is that bitcoin can use in stock exchange while you cannot barter gold in the market.bitcoin is visible and you can carry it anytime in your wallet, whenever you wer go, while you cannot carry gold anytime in your pocket because its huge.
Many bitcoin investors were previously gold investors and they have left gold for very simple reason and that is its highly stable market price. People want changes on regular basis and they are that why adoring bitcoins.
I not fond of comparing the value of gold from bitcoin. Of course they have the very same similarities like shop of price, but I do not consider that value is 1 of the best tool to examine them equally. Gold has been with us for thousands of several years and been used as hedge by a great deal of international locations during hundreds of years. There are no wars that isn't going to included gold as hedge or payments for other nations around the world in exchange of components utilised in war or even food. Even though bitcoin is nevertheless younger and its a virtual currency, and not even acknowledged by a whole lot of nations however. So we do not know how it could be useful in the course of financial collapse or war which gold had already confirmed via time. It really is excellent to see the value of bitcoin is earlier mentioned gold now, but we will not require to examine them. IMHO.
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I agree with you that bitcoin has beaten gold, gold lost in price, but I think gold will still be a safe and attractive investment. bitcoin becomes a new choice for investment while gold has always been an investment.Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
By now bitcoin has already tripled the price of gold per ounce. But I don't know why people are comparing both of them because it is obvious that gold is physical while bitcoin is not. The only thing that I can think of is that they are good are form of investment portfolio, other than that no point of really comparing them.
Yes, BTC is triple the price... but it's still less than 1% of the total market cap of Gold.
Price is just an arbitrary number and totally dependent on number of units of the stuff.
Market cap is the appropriate measure of the overall amount of value stored.
I think yes!! Bitcoin defeated the gold because when you are aware the value of bitcoin was over the value of gold today and still increasing. The only advantage of gold is its value is stable and can predict by the experts while the value of bitcoin is very volatil and no one can predict. And for thier resources, in bitcoin there's a lot of sites to mine or to earn it while for gold the reaources of it is disappearing little by little.
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Maybe sooner,bitcoin will defeated gold value,this is my opinion.the only things bitcoin is greater than gold is that bitcoin can use in stock exchange while you cannot barter gold in the market.bitcoin is visible and you can carry it anytime in your wallet, whenever you wer go, while you cannot carry gold anytime in your pocket because its huge.
By now bitcoin has already tripled the price of gold per ounce. But I don't know why people are comparing both of them because it is obvious that gold is physical while bitcoin is not. The only thing that I can think of is that they are good are form of investment portfolio, other than that no point of really comparing them.
Yes people should stop comparing the two because they both have different use in this world. Instead of comparing why not having them both since these two are very good investment.
Bitcoin defeated the gold by heart but you're also right to say that we shouldn't compare two things since they're totally different financial instruments on the world. They're not similar to each other at least.
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Maybe sooner,bitcoin will defeated gold value,this is my opinion.the only things bitcoin is greater than gold is that bitcoin can use in stock exchange while you cannot barter gold in the market.bitcoin is visible and you can carry it anytime in your wallet, whenever you wer go, while you cannot carry gold anytime in your pocket because its huge.
By now bitcoin has already tripled the price of gold per ounce. But I don't know why people are comparing both of them because it is obvious that gold is physical while bitcoin is not. The only thing that I can think of is that they are good are form of investment portfolio, other than that no point of really comparing them.
Yes people should stop comparing the two because they both have different use in this world. Instead of comparing why not having them both since these two are very good investment.
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Maybe sooner,bitcoin will defeated gold value,this is my opinion.the only things bitcoin is greater than gold is that bitcoin can use in stock exchange while you cannot barter gold in the market.bitcoin is visible and you can carry it anytime in your wallet, whenever you wer go, while you cannot carry gold anytime in your pocket because its huge.
By now bitcoin has already tripled the price of gold per ounce. But I don't know why people are comparing both of them because it is obvious that gold is physical while bitcoin is not. The only thing that I can think of is that they are good are form of investment portfolio, other than that no point of really comparing them.
Bitcoin may be worth more than gold currently, but I believe gold will eventually rise higher as well. Gold has over 10,000 years of history backing it, it isn't going anywhere.
The price of gold is being suppressed by paper gold, at some point in the future when people are no longer fine with accepting paper gold and want the real thing the value of gold is going to skyrocket and when that happens people will wish that they held gold as well, at least we have bitcoin but many people do not have bitcoin or goldIn fact, it cuts both ways
People (typically, gold bugs) are used to say that paper gold drives the gold prices down, but I somewhat disagree with such opinion. While paper gold certainly makes more room for price manipulation (which I essentially agree with), it also provides liquidity to the market. In other words, without all those gold derivatives sticking around, the gold market would be a lot smaller, and its price in fact might have been lower. Anyway, artificially driving gold prices down may backfire heavily since gold isn't like your Bitcoin, and it has more than enough intrinsic value to support its price on its own
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Maybe sooner,bitcoin will defeated gold value,this is my opinion.the only things bitcoin is greater than gold is that bitcoin can use in stock exchange while you cannot barter gold in the market.bitcoin is visible and you can carry it anytime in your wallet, whenever you wer go, while you cannot carry gold anytime in your pocket because its huge.
I think a 1 single Gold is still much more valuable than 1 single Bitcoin but maybe in terms of the growth through the years the real winner is Bitcoin and no doubt about that because Bitcoin is not yet 10 years in existence.
As Gold is tangible while Bitcoin is not it is in different league but with a certain amount of value you can differentiate them but please never compare them and tell that Bitcoin defeated gold.
Gold has been on the earth since dark ages and the use has gone wild by now that why it is having that much value. But just look at the bitcoin, it not even full grown child and it has got the value competing to gold. This could not be achieved with any other asset and ven if you try to create one another it will fail to do so.
Yeah I know there is no comparison should be done with these two assets which are completely different in nature. One is gold, a precious metal and another is bitcoin which is virtual and bunch of codes over the blockchain. But still we can see the power of advancement and choice of people to invest money. That's for sure digital one and with the advancement it will increase more.
I think if bitcoin overcome all the currencies of the world, the gold will still be there in the market and will remain forever.
People really never check facts do they? Bitcoin could surely take over Gold in the future, but that will take a long time. We didn't even start yet.
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I agree with you that bitcoin has beaten gold, gold lost in price, but I think gold will still be a safe and attractive investment. bitcoin becomes a new choice for investment while gold has always been an investment.Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
bitcoin has defeated gold but the price of bitcoin and the price of gold is unstable so we dont know what we dont know but we know what we know and that is why we need to believe in bitcoin and the rise of it.
You can’t compare the number of people investing in Bitcoin with that of those Investing in Gold. There are lots of people Investing in Gold from around the world. Yes, you can say that bitcoin is best, because you’re investing in it. Who would say their choice isn’t the best? Lol Bitcoin may be worth more than gold currently, but I believe gold will eventually rise higher as well. Gold has over 10,000 years of history backing it, it isn't going anywhere.
The price of gold is being suppressed by paper gold, at some point in the future when people are no longer fine with accepting paper gold and want the real thing the value of gold is going to skyrocket and when that happens people will wish that they held gold as well, at least we have bitcoin but many people do not have bitcoin or gold. bitcoin has defeated gold but the price of bitcoin and the price of gold is unstable so we dont know what we dont know but we know what we know and that is why we need to believe in bitcoin and the rise of it.
since the bitcoin in the launch has actually beaten gold, the total supply of gold more than the total supply of bitcoin if bitcoin enthusiasts more and more bitcoin enthusiasts the more expensive its price, unlike gold, gold has a lot of stock supply.
Jump to: